Dynamic Interpretation of Data from Hydraulic Fracturing

1. A method for treating a hydrocarbon formation comprising: a) providing a well in a hydrocarbon formation wherein said well is undergoing a hydraulic fracturing treatment, and wherein said well comprises one or more systems to measure well parameters; b) assembling said well parameters into one or more data packets for transmission; c) transmitting one or more data packets from said well to a processor; d) receiving one or more data packets at said processor; e) aligning the data from one or more data packets with one or more additional sets of data; f) parsing said data by parameter into relevant datasets; g) transforming said relevant datasets by, i) generating composite and dynamic hydrostatic pressure at gauge depth and at perforation depth by converting computed time-based data to capture fluid type then using data rows corresponding to fluid type to compute hydrostatic pressure, ii) determining fluid friction below said gauge depth by generating a friction library by fluid type and using bottom hole pressure, surface pressure, and fluid hydrostatics to generate a composite tubular friction, iii) calculating pressure drop in the perforation and ball seats, and iv) calculating bottom hole reservoir face pressure; h) correcting said relevant datasets; i) graphing said relevant datasets for a range; and j) dynamically changing one or more well processes.

2. The method of claim 1 , wherein said relevant dataset is transformed into one or more parameters selected from flow rate, pressure, effective frictional pressure, and effective reservoir face pressure.

3. The method of claim 1 , wherein said relevant data is rejected because data parameters fall outside a specified error.

4. The method of claim 1 , wherein said data is aligned based on MD, TVD, time, or a combination thereof.

5. The method of claim 1 , wherein said relevant dataset is corrected using the closure pressure data, historical data, a data model, or a combination thereof.

6. The method of claim 1 , wherein said dynamically changed well process is selected from Pump Schedule Volumes, fluid description, data acquisition frequency, or a combination thereof.

7. A system for treating a hydrocarbon formation comprising: a) providing a well in a hydrocarbon formation wherein said well is undergoing a hydraulic fracturing treatment, and wherein said well comprises one or more systems to measure well parameters; b) a transmitter for transmitting data packets to a processor; c) a processor for receiving data packets from a transmitter; and d) a monitor for displaying one or more graphs; wherein said transmitter assembles well parameters into one or more data packets for transmission and transmits one or more data packets from said well to said processor; i) wherein said processor receives one or more data packets from said transmitter and aligns the data from one or more data packets with one or more additional sets of data; parses said data by parameter into relevant datasets; transforms said relevant datasets into flow rate and pressure by generating composite and dynamic hydrostatic pressure at gauge depth and at perforation depth by converting computed time-based data to capture fluid type then using data rows corresponding to fluid type to compute hydrostatic pressure, determining fluid friction below said gauge depth by generating a friction library by fluid type and using bottom hole pressure, surface pressure, and fluid hydrostatics to generate a composite tubular friction, calculating pressure drop in the perforation and ball seats, and calculating bottom hole reservoir face pressure; corrects said relevant datasets; and graphs said relevant datasets for a range.

8. The system of claim 7 , wherein said relevant dataset is transformed into one or more parameters selected from flow rate, pressure, effective frictional pressure, and effective reservoir face pressure.

9. The system of claim 7 , wherein said relevant data is rejected because data parameters fall outside a specified error.

10. The system of claim 7 , wherein said data is aligned based on MD, TVD, time, or a combination thereof.

11. The system of claim 7 , wherein said relevant dataset is corrected using the closure pressure data, historical data, a data model, or a combination thereof.

12. The system of claim 7 , wherein said dynamically changed well process is selected from Pump Schedule Volumes, fluid description, data acquisition frequency, or a combination thereof.

13. The method of claim 1 , wherein said hydraulic fracturing treatment is selected from the group consisting of acid fracturing, propped fracturing, foamed fracturing, fracture acidizing, acid stimulation, propped acid fracture stimulation, hydraulic fracturing, slick water based hydraulic fracturing, foamed based hydraulic fracturing, foam based acid fracturing, and foamed based acid diversion.

14. The system of claim 7 , wherein said hydraulic fracturing treatment is selected from the group consisting of acid fracturing, propped fracturing, foamed fracturing, fracture acidizing, acid stimulation, propped acid fracture stimulation, hydraulic fracturing, slick water based hydraulic fracturing, foamed based hydraulic fracturing, foam based acid fracturing, and foamed based acid diversion.